There is clearly no Defined age when you become a senior citizen. When they retire from the workplace, some people may consider themselves senior, sign up for Social Security or start spending their retirement savings, but others are yet to call themselves senior citizens Are not ready for
Here are some milestones that may indicate that you have become a senior citizen:
- Eligible for senior benefits.
- Retirement Savings Expenses.
- Stepping away from work
- Health changes.
- Change in priorities.
- Rethinking era stereotypes.
1. Qualification for senior benefits
There is a very specific age when you qualify for different types of retirement benefits. In some cases, “society makes it very clear when we become seniors,” says Mimi Sekar, a nurse practitioner and national speaker in Upton, Massachusetts. “We know that at the age of 65, we are eligible for Medicare.” social Security Benefits can start after age 62 or after age 70. Senior retailers start at some retailers and restaurants for those 55 or older. Anyone 50 or older is eligible to become an AARP member.
2. Retirement retirement expenses
Retirement accounts are designed to encourage employees to save for longer periods. Like, account like 401 (k) plan Or IRA usually includes a Penalty for early withdrawal. If you withdraw money before the age of 59 1/2, you will usually have to pay a 10% penalty. You can consider yourself a senior citizen when Guy Becker, founder of the Wealth Teams Alliance in Irvine, California, says, “You don’t have to worry about a 10% penalty for early withdrawal from your IRA or 401 (k) Will be. “
When you reach a certain age, you will need to take Minimum delivery required From retirement accounts. Known as RMDs, these should be taken every year after the age of 72 from traditional IRAs and 401 (k) plans. Once you reach 72, you can see yourself as a senior citizen because “you need to start taking your RMDs from your retirement account.” , Says Baker.
3. Step away from work
After you Retire Over a long career, your family and friends may consider giving you senior citizen status. Transition can bring a sense of meaning and purpose. “Little people are often asked ‘Who am I?’ Or ‘Who do I want to be?’, Says Jim Collins, a gerontologist in Youngstown in Ohio. “Once you hit a certain age, you look back and go through self-reflection. “As you walk away from the office, you can feel a sense of gratitude for the years you were able to work and pursue a passion.
4. Changes in health
Medical conditions such as arthritis, high blood pressure or hearing loss can make you feel as if you have crossed the senior citizen line. “A person who is struggling with multiple age-related medical issues can only use numbers and types of drugs or medical devices,” says seniority Cindy Moore, co-founder and managing partner for Senior Age, Birmingham. , In the Alabama area. “It is hard to feel young when you are getting fit with a walker or a hearing aid.” Also, feeling tired or tired in bed by 9 o’clock at night can be indicators that you are getting old.
5. Change in priorities
You must have spent years pursuing work-related or family goals and striving to meet deadlines. During your years of work your schedule may be full of events and social engagements. However, once you reach a certain point, you can find yourself with extra hours in the day. “Time becomes particularly important,” Collins says. “Money and resources and the square footage of your house matters little to the amount of time you have and what you do with it.” You probably Use your extra hours To spend more time with family. You can volunteer at a local charity, join a walking group or start a card club.
6. Rethinking Edge Stereotypes
Even if you qualify for the senior exemption, age is not necessarily what you should do or avoid. “At the age of 59, I took up the challenge of pursuing my doctorate while most of my friends were preparing for retirement,” Secor says. “At the same time, I decided to become healthy and fit.” Secure dealt with some of the unhealthy habits she had developed and replaced them with better ones.
“When I graduated at age 61, I had lost 30 pounds,” Secor says. She now exercises almost every day, eats a healthy diet most of the time and drinks plenty of water. “Because I try to be as active as possible on a daily basis, most days I feel much younger than my 66 years of age,” she says. “Deep in my core, I believe age is just a number.”